Strue to pitch at Invest Atlantic

You have to admire a tech entrepreneur who has written a book about currency reform and studied sculpture in Chicago. So it’s easy to be impressed by Jordan MacLeod, the CEO of Charlottetown-based Strue Inc. Not only has MacLeod penned New Currency, but he’s also leading a company that’s revolutionizing how data is stored on the cloud.

Strue has developed a Cloud File System that ensures that a client’s data isn’t jeopardized by relying on a single storage system. The Strue system protects data by fragmenting it and distributing it among several storage companies.

Strue is on a mission

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350 Capital Invests in CarbonCure

CarbonCure Technology on Thursday announced that it has secured an undisclosed equity investment from 350 Capital, a Toronto investment company started by real estate developers  to invest in green building products.
The Halifax cleantech company said in a statement  that the investment comes after a successful  pilot project in Toronto in which CarbonCure blocks were used in a parking garage at the  Hullmark Centre in North York. The blocks were manufactured by Atlas Block of Midland,  Ont., which has been  testing the CarbonCure system.
The announcement shows that CarbonCure is now

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Acoa Loans: Thorasys, DeNovaMed

The federal government on Wednesday lent $1 million to two biotech companies that have grown out of Dalhousie University’s research facilities.

Greg Kerr, Member of Parliament for West Nova, announced that the Atlantic Canada Opportunities Agency will lend $500,000 to Thorasys to help to commercialize its tremoFlo Forced Oscillation Technique device.

The compact and portable tremoFlo device helps to diagnose and monitor respiratory illness, and is superior to current products because it requires little effort by the patient and can be easily read by doctors.

The product’s initial

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AIW: GoVenture World to Beta-Test

The team from GoVenture World will have five minutes on Sept. 23 to explain a massive project that they have been working on since 2006.

But if Mathew Georghiou and Bill Faulkner can build an online game that could change the face of entrepreneurship training, they should be able to figure out how to describe it in the 300 seconds allotted to them by DemoCamp Halifax.

GoVenture World is a massively multi-player online game that will train budding entrepreneurs in what it’s really like to start and grow your own business. First conceived of six years ago, GoVenture World will not be a

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AIW: ContractMe Thinking Regional

Laurie Dolhan is fanatical about “buying local”, and she’s gearing up to take that message regional.

Dolhan is the President of ContractMe.ca, a website devoted to linking up local service providers and small businesses with potential clients, whether they’re businesses, non-profits, government or other small businesses.

Operating out of Ketch Harbour, on Nova Scotia’s Eastern Shore, ContractMe has gained notice for connecting service providers with jobs, and is now garnering about 7,000 page views per month.

The site allows members to post the qualifications and areas of specialty,

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AIW: Boondoc to Help Save Lives

Blair Ryan got the idea for Boondoc, a social network for physicians, when he read of a U.S. doctor unable to extract a reciprocating saw blade from a patient’s hand.

The blade was good and stuck, but rather than give up and amputate the hand, the doctor texted six other doctors, one of whom messaged back with a simple solution, and the hand was saved.

Ryan began to think:  what would it mean to healthcare if doctors could canvas thousands of colleagues, not just six?

Thus was born Boondoc, a Sackville, N.S.-based startup that Ryan hopes will soon link many of Canada’s 80,000

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LightSail Energy Plans NS Project

Cleantech integration company LightSail Canada will soon apply to the Atlantic Innovation Fund to help with financing for a $4.6 million pilot facility to store energy produced at a wind farm near New Glasgow, N.S. LightSail Canada is a development company for Berkeley, California-based cleantech company LightSail Energy.

Greg Fong, the Director of Business Development for LightSail Canada, said in an interview yesterday the wind developers and LightSail together plan to put about $2 million into the project, which it hopes will be operational in 2014. The company will likely learn

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PropelICT Launch36 Seeks Startups

In calling for a new round of startups to enter the Launch36 accelerator program, PropelICT Executive Director Trevor MacAusland released a few interesting statistics .

The 10 startups – nine of them from New Brunswick – that graduated from the first Launch36 cohort in June have already attracted more than $1 million in funding and employ 43 people, he said in a press release yesterday. One-third of them are producing revenue.

The figure on funding sounds low to me, and a few of these companies already have commitments for funding that would push the figure higher.

The employment

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AIW: Progress at Xiplinx, CyberPsyc

Atlantic Innovation Week will be something of an old home week for the companies that went through Propel ICT’s Launch36 accelerator. It will also be a chance for them to learn how they’ve progressed since their term ended in June. In fact we’ll discover that they’ve progressed quite a bit, and the words “early” and “adopter” will feature prominently in their presentations. The term “funding” might creep into the discussion as well.

First, a bit of background: Launch36 is the accelerator operated by Moncton-based Propel ICT; it put 11 companies through its program last winter. Three of

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AIW: Green with Energy Diversifies

Green with Energy, a company that came together at a Dalhousie University’s Startup Weekend last year, is moving from software into hardware with a new product that can help homeowners find where they’re wasting electricity.

Smartcell is a simple, inexpensive device that can plug into a wall socket and provide a graphic illustration of where and when a homeowner can reduce energy consumption, said CEO Megan McCarthy in an interview. “We think we may have come across a solution for home automation,” she said.

Having begun the project at Dalhousie, McCarthy started Green with Energy to

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